fiserv inc (FIV) Key Developments

Commerce Union Bancshares, Inc. announced that it selected Fiserv, Inc. as its core processor for the merged banks. The company expects to convert its operations to the new processor in the fourth quarter of 2015.

U.S. Bank Selects Biller Advantage from Fiserv to Enable Business Customers to Send e-Bills, Accept e-Payments

Jul 8 15

Fiserv, Inc. announced that U.S. Bank has selected Biller Advantage from Fiserv, which enables the bank’s business customers to provide electronic billing, presentment and payment (EBPP) options to their customers. Biller Advantage is a cost effective, easily configurable solution that brings comprehensive EBPP capabilities to businesses that send 2,000 or more bills per month. Many of these EBPP capabilities have been available previously only to the large billers in the country. Using Biller Advantage, businesses can present electronic bills (e-bills) to customers at the business’s website or through the more than 4,000 financial institutions that are part of the eBill Distribution™network from
Fiserv. Electronic payments are accepted through a variety of channels including online, mobile, automated
phone system (IVR) and customer assisted phone system (CSR).

Fiserv, Inc. has announced that US Bank has signed a five-year renewal contract for the CheckFree RXP electronic billing and payment, Popmoney personal payment and TransferNow account-to-account transfer solutions.

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